A new databank from homelessness charity Shelter is featured in the Guardian today. There’s a lot of data to dig into, but here’s a quick graph showing the ratio of average house prices and incomes over the last few years.
As you can see the ratio of house prices to incomes has increased a great deal since 1997, with Cambridge well ahead of the figures for England as a whole. The figures peaked in 2007, with the average Cambridge house at almost ten times the average income, and though they’ve fallen back a little since then, they are still a long way ahead of where they were a decade ago.
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